Balyasny Multi-Strategy Funds Gain In August

Balyasny Asset Management, founded by Dmitry Balyasny, posted gains in its strategies in August, according to monthly investor updates seen by ValueWalk. The Atlas Global Investments fund was up .56%, edging up the total gain for the year to 4.5%. The Atlas Enhanced Fund did even better, gaining .97% and bringing the total gain to 8.13%. The AGI strategy manages $3.8 billion, whereas AEI holds $1.6 billion in AUM, according to HSBC Hedge Weekly.

Balyasny Asset Management's portfolio gains

Shares of one of Balyasny's largest positions, Chicago Bridge & Iron Company N.V. (NYSE:CBI), were up 7%...